Short Interest in Perfect Corp. (NYSE:PERF) Increases By 105.3%

Perfect Corp. (NYSE:PERF) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 227,653 shares, an increase of 105.3% from the July 30th total of 110,912 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 429,622 shares, the days-to-cover ratio is presently 0.5 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Perfect in a research report on Friday, July 17th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Perfect Price Performance

PERF opened at $1.89 on Monday. The company has a fifty day moving average price of $1.84 and a 200-day moving average price of $1.69. The firm has a market capitalization of $192.50 million, a P/E ratio of 31.51, a price-to-earnings-growth ratio of 1.29 and a beta of 0.28. Perfect has a one year low of $1.24 and a one year high of $2.15.

Perfect (NYSE:PERF) last issued its quarterly earnings data on Monday, July 27th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The company had revenue of $16.34 million for the quarter. Perfect had a return on equity of 3.73% and a net margin of 8.13%. On average, analysts expect that Perfect will post 0.08 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its stake in Perfect by 13.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,938,529 shares of the company’s stock worth $7,129,000 after buying an additional 464,702 shares in the last quarter. Groupe la Francaise bought a new position in shares of Perfect in the 1st quarter worth $507,000. Credit Industriel ET Commercial purchased a new stake in shares of Perfect during the 1st quarter valued at $338,000. BNP Paribas Financial Markets raised its position in shares of Perfect by 164.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 34,595 shares of the company’s stock valued at $65,000 after buying an additional 21,495 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Perfect by 63.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 40,477 shares of the company’s stock worth $76,000 after acquiring an additional 15,754 shares during the last quarter.

About Perfect

Perfect Corp (NYSE: PERF) is a technology company specializing in beauty and personal care solutions. The company develops AI- and AR-driven platforms that enable virtual product try-on, personalized skincare analysis and digital marketing tools for cosmetics brands and retailers. Its software as a service (SaaS) offerings allow users to preview makeup and skincare products in real time, drive customer engagement across e-commerce and social media channels, and collect data-driven insights into consumer preferences.

The core products include virtual try-on applications, skin diagnostic tools and AI-powered recommendation engines.